By Alicia Maher
A massive amount of DOGE was reportedly exchanged between wallets during the last six hours. Dogecoin crypto tracker DogeWhaleAlert disclosed that a total of 414 million DOGE worth $54 million at press time was shifted between anonymous wallets.
In addition, the crypto tracker recorded that the whales made over 20 transactions during that period, with 12 of them moving 30 million DOGE worth $3.89 million in badges. Each of these transactions was made from multiple wallets to an untraceable wallet.
The rest of the wallets held five million units of the original meme digital currency created in 2013. Experts anticipated that this news would influence the price of the largest meme crypto. On the contrary, it did not affect the coin as the digital currency slipped 8% to $0.1244.
DOGE Regains Spot In the List of Traded Coins By BSC Whales
Meanwhile, the famous “joke coin” entered into the top ten digital currencies traded by the largest BSC whales. DOGE is placed 10th on the list with BNB, BTCB, ETH, and many other stablecoins ahead of the canine cryptocurrency.
The top 1000 BSC whales hold about 324 million of the meme crypto worth $46 million based on today’s market. Meanwhile, the largest and second-largest crypto holding BNB and BTCB stored in the wallets totaled 6 and 9 billion. Both coins are worth $2 trillion and $378 billion.
Dogecoin Displaces Polkadot To Claim 12th Largest Crypto
DOGE has also toppled Polkadot to become the 12th largest crypto by market capitalization. CoinMarketCap data reveals that Dogecoin has a market cap of $17.1 billion, displacing Polkadot with a market valuation of $16 billion.
Occupying the 11th position is Avalanche (AVAX), with a value of approximately $17.7 billion, while Binance USD (BUSD) is tenth with a market cap of $18 billion. Terra (LUNA) and Solana (SOL) took the 9th and 8th positions with a market cap of $20 billion and $27 billion.
Cardano (ADA), XRP, USD Coin (USDC), and BNB placed 7th, 6th, 5th, and 4th with $29 billion, $33 billion, $52 billion, and $60 billion. Another stablecoin, Tether (USDT), finished third with $79.4 billion, while Ether (ETH) and bitcoin (BTC) are 2nd and 1st with a market valuation of $1 trillion.
DOGE Adoption Continues
Earlier today, popular U.S. streaming TV service provider Sling TV announced the acceptance of crypto as one of its payment modes. Customers can now subscribe to the PayTV services in DOGE via BitPay.
DOGE cheerleader and Tesla boss Elon Musk has already teased the meme community about Tesla’s aims to build a drive-in theater in California where clients will pay in coin.